Thread: gas prices
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Old 04-15-2006, 01:59 AM
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Emmerich Emmerich is offline
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Join Date: Jul 2003
Location: Dallas
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I remember in 1979 when this "idea" first came out. At that time it was passed around on copied pieces of paper. Stupid then and stupid now.

I hate to point out the obvious, but does anybody realize the oil companies don't own their own gas stations anymore? Those stations are independently owned and the gas being sold is not necessarily the name on the station. They can buy from any distributor they want.

Even if this were true, Exxon would sell to somebody else. And the fact this joke talks of Exxon and Mobil as separate shows how old this idea is.

And the myth that the oil companies set prices is so stupid that I find it hard to believe anybody still believes it. If they did control prices, there never would have been a 1986, or 1999 (price collapses) and why would they ever let the price go back down?
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